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Business, 18.01.2021 05:00 yoboik12

Which of the following is most likely to be true if the rate of inflation rises sharply, Businesses are? Select one:
a. Less likely to raise selling prices
b. More likely to reduce selling prices
c. More likely to be able to manage rising costs
d. Less likely to be able to manage rising costs

= Less likely to be able to manage rising costs

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Answers: 2

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Which of the following is most likely to be true if the rate of inflation rises sharply, Businesses...
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